Sales & Marketing news

• GOLDMAN SACHS: The stock market is hurtling toward disaster, and only one thing can save it

  05-08-2018 19:03 via feedproxy.google.com
  Goldman Sachs closely monitors a measure called "breadth," which assesses the degree to which the market's returns are being driven by a small handful of stocks.
  The firm's breadth signal is flashing yellow, and Goldman says investors should be wary of a meltdown.
  There is, however, a surprising market dynamic playing out that could help insulate stocks from a surefire sell-off.
  As the stock market enjoys one of the best earnings seasons in recent memory, an ominous situation is threatening to b
  
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• 'Mission: Impossible - Fallout' easily wins the box office for a 2nd-straight weekend (VIA)

  05-08-2018 18:09 via feedproxy.google.com
  "Mission: Impossible - Fallout" wins the weekend box office for a second-straight weekend.
  It had an estimated $35 million in its second frame.
  Coming in second place was Disney's "Christopher Robin."
  Things are going exactly as Paramount planned.
  Placing "Mission: Impossible - Fallout" in August, the studio knew its big money-making franchise had the potential to be atop the domestic box office for multiple weeks, and they have certainly accomplished that mission (sorry).
  The latest movie in th
  
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• Citi has poached a Chase executive to run its 'Shark Tank'-type program that lets employees build startups from within the company (C)

  05-08-2018 15:55 via feedproxy.google.com
  Citigroup has poached a former JPMorgan Chase exec to run the consumer arm of its internal startup incubator.
  Alex Sion, formerly the general manager of JPMorgan Chase's mobile channel, is joining the bank as head of D10X for Citi's global consumer bank, according to a memo seen by Business Insider.
  D10X, which stands for "discover 10 times," lets employees build startup ideas within the company, and its vetting process has been compared to the TV show "Shark Tank."
  Over 300 Citi employees are w
  
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• You no longer need a card to get cash from nearly every Chase ATM (JPM)

  05-08-2018 15:52 via feedproxy.google.com
  Chase has rolled out cardless transactions to nearly all of its 16,000 ATMs.
  The feature, which it started to deploy in 2016, allows Chase customers to open their mobile wallet, tap their phone, and then enter their PIN to access their account.
  The largest banks in the US have been investing millions in updating the capabilities and physical appearances of their thousands of ATMs as their digital and mobile customer bases balloon.
  It makes life more convenient for customers, but it could also re
  
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• Elon Musk offers billionaire David Einhorn a 'box of short shorts' to comfort him after his Tesla short bet put a big dent in his fund (TSLA)

  05-08-2018 15:52 via feedproxy.google.com
  David Einhorn's $5.5 billion Greenlight Capital hedge fund lost 18.3% in the first half of 2018 while the benchmark S&P 500 was positive. 
  Tesla was the firm's "second biggest loser" he said, thanks to its 29% jump in the same period. 
  Einhorn is swapping his Tesla Model S for a Jaguar I-PACE SUV, he told investors Tuesday.
  Elon Musk responded on Twitter, saying he will "send Einhorn a box of short shorts to comfort him."
  Follow Tesla's stock price in real-time here. 
  Bil
  
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• There's no end in sight for Trump's trade war with China because 'both sides are more inclined to elevate tension than blink'

  05-08-2018 15:33 via feedproxy.google.com
  President Donald Trump and China have been engaged in a tense trade war for over five months.
  Both sides recently increased tariff threats.Trump threatened to slap a 25% tariff on $200 billion worth of Chinese goods, while China threatened tariffs on another $60 billion worth of US goods.
  The two sides do not appear to be talking, either, which raises the chances of a drawn-out trade war.
  President Donald Trump's trade war with China is entering its sixth month, and there are no signs it will en
  
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• Pandora's second campus is far from Silicon Valley — here's why the streaming music giant fell in love with Atlanta (P)

  05-08-2018 15:30 via feedproxy.google.com
  Pandora announced plans earlier this year to establish a second major campus in Atlanta.
  The internet radio giant is filling positions in Atlanta quicker than it expected and now anticipates employing many more people there than it previously planned, CEO Roger Lynch said.
  The company's move is part of a growing tech scene in Atlanta, which has attracted firms with its low cost of living and major universities.You may not think of Atlanta as a high-tech hub.
  Silicon Valley? Of course. Seattle, N
  
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• The stock market is undergoing a shift not seen since the financial crisis — and 3 ignored areas suddenly look like great bets

  05-08-2018 15:14 via feedproxy.google.com
  Value stocks have gotten crushed by their more growth-driven peers over the course of the nine-year bull market, but the tide appears to be turning in their favor.
  Investors looking to play the recent value rebound would be well served to seek out the three industries that carry the heaviest weightings in the Russell 1000 Value index.
  Don't look now, but a much-maligned area of the stock market appears to be mounting quite the comeback.
  We're referring to so-called value stocks, or equities char
  
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• WALL STREET WARNS: Trump's trade policies could bring the US back to an economic horror from the 1970s

  05-08-2018 15:13 via feedproxy.google.com
  President Donald Trump is aggressively pursuing protectionist economic policies.
  Tariffs, however, cause prices to rise and can stall growth.
  Analysts are warning that 1970s-like stagflation could be ahead.
  In a broad effort to rearrange global trade relationships, President Donald Trump has slapped tariffs on some of the US's biggest business partners. And as effects of protectionism kick in, analysts caution against heading toward a repeat of the 1970s, when rising inflation, high unemployment
  
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• I just drove the $78,000 high-performance Model 3 — here's why it's my new favorite Tesla (TSLA)

  05-08-2018 14:57 via feedproxy.google.com
  The Model 3 Performance has two motors and can go from 0-60 mph in 3.5 seconds, with a top speed of 155 mph.
  A "base" Performance version can be ordered for $64,000; the car I sampled was fully loaded, at $78,000.
  I drove the Model 3 Performance for only about an hour, in less-than-ideal Manhattan conditions, but my overall impression was that the car is completely brilliant.Here's the bottom line: I really, really, really liked the Tesla Model 3 when I drove it earlier this year — but I l
  
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• One dirty word keeps popping up as Wall Street weighs the next market crash — and it should strike fear into the hearts of investors everywhere

  05-08-2018 12:05 via feedproxy.google.com
  For months, one dirty word has been popping up across Wall Street commentary.
  It relates to how difficult it's become in certain markets for investors to transact without distorting prices.
  Red flags have been popping up in various asset classes worldwide, and fortunately, Wall Street has some trade recommendations to help investors get in front of them.
  What use is a killer trade idea if actually executing it is like pulling teeth?
  This is a question investors will likely have to start asking t
  
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